Prosperity Resources (ASX:PSP) Accounts Payable: A$0.33 Mil (As of Jun. 2016)


What is Prosperity Resources Accounts Payable?

Prosperity Resources ASX:PSP Accounts Payable is A$0.33 Mil as of Jun. 2016. The stock has 4 warning signs investors should review.

Prosperity Resources's Accounts Payable for the quarter that ended in Jun. 2016 was A$0.33 Mil.

Prosperity Resources's quarterly Accounts Payable increased from Jun. 2015 (A$0.20 Mil) to Dec. 2015 (A$1.55 Mil) but then declined from Dec. 2015 (A$1.55 Mil) to Jun. 2016 (A$0.33 Mil).

Prosperity Resources's annual Accounts Payable increased from Jun. 2014 (A$0.19 Mil) to Jun. 2015 (A$0.20 Mil) and increased from Jun. 2015 (A$0.20 Mil) to Jun. 2016 (A$0.33 Mil).

Prosperity Resources Accounts Payable Related Terms

Prosperity Resources Accounts Payable Historical Data

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The historical data trend for Prosperity Resources's Accounts Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Prosperity Resources Accounts Payable Chart

Prosperity Resources Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.13 0.19 0.20 0.33

Prosperity Resources Semi-Annual Data
Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 1.18 0.20 1.55 0.33

Prosperity Resources Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of A$0.33 Mil mean?
Prosperity Resources (ASX:PSP) has a Accounts Payable of A$0.33 Mil as of Jun. 2016. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Prosperity Resources and its competitors.
Is Prosperity Resources' Accounts Payable too high?
Prosperity Resources' current Accounts Payable is A$0.33 Mil.
How does Prosperity Resources' Accounts Payable compare to competitors?
Prosperity Resources' Accounts Payable of A$0.33 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Metals & Mining company?
A good Accounts Payable depends on the Metals & Mining industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Prosperity Resources and its competitors. Prosperity Resources's current Accounts Payable is A$0.33 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prosperity Resources stock overvalued right now?
Prosperity Resources (ASX:PSP) has a current Accounts Payable of A$0.33 Mil. The current Accounts Payable is A$0.33 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Prosperity Resources (ASX:PSP), the current Accounts Payable is A$0.33 Mil as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Prosperity Resources Business Description

Prosperity Resources Limited (PSP) is an exploration company for gold and iron ore in the Murchison greenstone belt of Western Australia and copper/gold in the Tennant Creek Goldfield of Northern Territory.